We have been telling the signs of fraud long time already.
-No shareholder value created -Money escaping shareholders -Shady loan shark loans -No proper bank relations -Dilution -No customers seen -No produce seen -Seducing small time investors -Can't sell assets -Miss payments -Break regulations -Regular shareholders have no voting power -Advertise "mega" things and big loans -Always fail what advertised -Horrific downfall of the shareprice
Scams/frauds don't come more obvious than this unless the management starts wearing "I scam U" t-shirts.
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